Energy leaders demonstrate huge investment opportunity in renewables and low carbon projects

Having been invited to this great event I was sorry that circumstance conspired such, that ultimately I stayed in the UK and enjoyed our lovely weather at home......... 

In a discussion during the Abu Dhabi Sustainability Week (ADSW), leaders focused on the growing opportunities for sovereign wealth funds, development banks and pension funds to view the new energy industry as a growth opportunity, especially in developing economies.

The discussion was hosted by Dr. Sultan Ahmed Al Jaber, UAE Special Envoy for Energy and Climate Change and CEO of Masdar, and Rt. Hon Gregory Barker MP, UK energy and climate change minister.

“This is an important agenda. Not just for the environment but for business,” said Greg Barker, UK energy and climate change minister. “The opportunities for the global, low-carbon economy are huge and growing at an exponential rate. Clean energy and a range of resource efficient projects can expect growing interest in attracting investment as new financial participants crowd into this fast developing market.

“This joint dialogue between the private and public sectors is absolutely vital and the UK and the UAE are working together to drive this agenda forward. I look forward to continuing this collaboration.”

“Increased collaboration and institutional investment are critical in diversifying the global energy mix and addressing climate change,” said Dr. Sultan Al Jaber. “The realities of climate change should be viewed as an economic opportunity.''

Looks like it was a great event and next time one had better get more organised.